Networks provides potential funding sources to help centers develop
and improve programs and services. Featured this week is the ING
DIRECT Kids Foundation.
ING DIRECT Kids Foundation is the charitable giving arm of ING in
the Americas. The ING family of companies offer a comprehensive
array of financial services to retail and institutional clients,
which includes annuities, retirement plans, life insurance, mutual
funds, managed accounts, alternative investments, direct banking,
institutional investment management, employee benefits, financial
planning, and reinsurance. ING is recognized as one of the largest
companies in the world. Based on market capitalization, ING is one
of the 20th largest financial institutions worldwide.
Areas: The ING DIRECT Kids Foundation awards grants to nonprofit
organizations in key
markets where its employees and customers live and work and
where it has a large corporate presence. These communities are located
in Arizona, California, Colorado, Connecticut, Delaware, Georgia,
Iowa, Minnesota, New York, and Pennsylvania.
organizations interested in receiving funding should address a variety
of community needs and resources and provide unique programming
and/or community outreach initiatives directed toward the foundation's
primary areas of focus. The areas of focus include:
||Financial Literacy. The ING DIRECT Kids
Foundation is especially interested in programming that empowers
individuals to take control of their financial futures through
education, financial literacy, and financial planning, with
special attention to the needs of young people and minorities.
||Children's Education. ING is committed
to supporting and improving education for youth in grades K-12,
especially children in underserved areas or facing economic
||Diversity. As a multicultural, multinational
financial services leader, ING supports diversity initiatives
that reflect its commitment to equity and fairness in societies
around the world. The ING DIRECT Kids Foundation funds selected
diversity initiatives in the Americas. |
Areas: Northeast, Mid-Atlantic, Southeast, Midwest, Southwest,
To be considered for funding, proposals must meet the following
||The organization is a 501(c)(3) nonprofit organization
as deemed by the Internal Revenue Service (IRS). |
||The program/initiative fulfills a community need
targeting education and/or financial literacy for children (K-12)
and/or their immediate families. |
foundation does not grant awards to individuals; private foundations;
religious or fraternal organizations and activities; political,
legislative, and/or lobbying causes; capital and/or endowment campaigns
or building funds; general or administrative operating costs; or
organizations that discriminate on the basis of race, color, creed,
gender, or national origin. The foundation does not support fashion
shows, pageants, golf tournaments, sports teams, athletic events,
or other funding opportunities that do not align with its strategic
areas of giving.
Award Amount: Award amounts vary. The foundation does not
consider requests under $2,500.
Process: The foundation does not accept hardcopy or mailed proposals.
All funding requests must be submitted online. To apply:
1. Submit a proposal online.
Provide a detailed description of the organization's program or
initiative, including the grant amount requested and how the funds
will be used. Provide as much detailed information as possible about
the program/initiative's purpose, target audience(s), unique points
of difference, and metrics for success.
2. Ensure the application is submitted within the dates for
each review cycle.
3. If a proposal is approved for funding, the organization will
be contacted by a representative of the ING DIRECT Kids Foundation.
Step 4. Before a grant award can be released for payment,
the organization will be required to provide:
||A hard copy of the organization's 501(c)(3) letter.
||Any other supporting information as requested
by the foundation. |
ING DIRECT Kids Foundation is unable to provide a status on every
request. Applicants will be contacted if additional information
is needed, and notified in writing of the foundation's final decision.
Foundation Grant Guidelines and a Foundation
Grant Application can be found online.
Deadlines: The remaining 2009 review and funding cycles are:
||Cycle II: Submission deadline: April 15th (Grant
review: May 2009)|
||Cycle III: Submission deadline: July 15th (Grant
review: August 2009) |
||Cycle IV: Submission deadline: October 15th (Grant
review: November 2009)|
will be notified of a funding decision four to six weeks after the
committee review date. The review schedule may change without notice.
For more information on the ING DIRECT Kids Foundation, e-mail
the foundation or call the ING DIRECT Kids Foundation hotline at